Geely Automobile : POSITIVE PROFIT ALERT FOR THE SIX MONTHS ENDED 30 JUNE 2018

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吉利汽車控股有限公司

GEELY AUTOMOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 175)

POSITIVE PROFIT ALERT

FOR THE SIX MONTHS ENDED 30 JUNE 2018

This announcement is made by the Company in accordance with Part XIVA of the Securities and Futures Ordinance concerning disclosure of inside information and Rule 13.09 of the Listing Rules.

Based on the currently available information, the Board wishes to inform the Shareholders and potential investors that the Group is expected to record an increase of around 50% in its Net Profit for the six months ended 30 June 2018 as compared with the Net Profit of RMB4.34 billion for the six months ended 30 June 2017.

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

This announcement is made by Geely Automobile Holdings Limited (the "Company", together with its subsidiaries, the "Group") in accordance with Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong) (the "Securities and Futures Ordinance") concerning disclosure of inside information and Rule 13.09 of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Based on the currently available information, the Board wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that the Group is expected to record an increase of around 50% in its total net profit attributable to the Company's equity holders (the "Net Profit") for the six months ended 30 June 2018 as compared with the Net Profit of RMB4.34 billion for the six months ended 30 June 2017.

The Directors believe that the increase in the Net Profit for the six months ended 30 June 2018 is mainly attributable to the increase in sales revenue, as a result of the increase in overall sales volume and the improvement in product mix during the period.

This positive profit alert announcement is based on a preliminary review of the currently available information.

The Company is still in the process of finalising the consolidated results of the Group for the six months ended 30 June 2018. This positive profit alert announcement is only an assessment by the Board based on the preliminary review of the currently available information, which has not been reviewed or audited by the Company's auditor. Shareholders and potential investors are advised to read carefully the announcement of the Company in relation to the consolidated results of the Group for the six months ended 30 June 2018, which is expected to be released in August 2018.

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board of

Geely Automobile Holdings Limited

David C.Y. Cheung

Company Secretary

Hong Kong, 11 July 2018

As at the date of this announcement, the executive directors of the Company are Mr. Li Shu Fu

(Chairman), Mr. Yang Jian (Vice Chairman), Mr. Li Dong Hui, Daniel (Vice Chairman), Mr. Gui Sheng Yue (Chief Executive Officer), Mr. An Cong Hui, Mr. Ang Siu Lun, Lawrence and Ms. Wei Mei, the non-executive director of the Company is Mr. Carl Peter Edmund Moriz Forster, and the independent non-executive directors of the Company are Mr. Lee Cheuk Yin, Dannis, Mr. Yeung Sau

Hung, Alex, Mr. An Qing Heng and Mr. Wang Yang.